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The focus on electric mobility is in alignment with the government of India's push for EVs, targeting 30 per cent new car sales by 2030, Skoda Auto India Brand Director Petr Janeba said. The company is testing electric SUV Enyaq for possible launch in India this year.
TVS Singapore: TVS Motor’s subsidiary, TVS Motor (Singapore) Pte Ltd, has concluded the acquisition of an additional 14.28% stake in Killwatt GmbH. This follows the stake increase from the initial 25% to 39.28%, as announced in November 2023.
Major industrial electric vehicle market participants include Toyota Material Handling, Doosan Industrial Vehicle, Mitsubishi Logisnext Co., Ltd., Crown...
Indian automaker Mahindra & Mahindra has signed a supply agreement with Germany-based Volkswagen Group for components for its INGLO platform. The deal will equip certain ranges of the electric platform with electric components from Volkswagen's MEB and unified cells. The supply deal will span several years and have a lifetime total volume of around 50 GWh.
Volkswagen and Mahindra signed a supply agreement for Mahindra's INGLO platform, covering components of Volkswagen's MEB platform and aiming to strengthen their e-mobility footprint in India. The agreement includes the unified cell concept and potential expansion. Škoda Auto Volkswagen India and Ford are also involved in the partnership.